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20130103
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Search Results 0 to 10 of about 11 (some duplicates have been removed)
PBS
Dec 27, 2012 5:30pm PST
blamed house speaker john boehner. just before christmas, boehner floated his so-called "plan b"-- letting taxes rise on millionaires. but faced with opposition in republican ranks, he pulled it, and sent the house home for the holiday. reid charged today politics explained why the speaker had not yet called the house back. >> john boehner seems to care more about keeping his speakership than keeping the nation on a firm financial footing. it's obvious what's going on. he's waiting until january 3 to get reelected to speaker before he gets serious about negotiations. >> warner: a boenhner spokesman shot back, "harry reid should talk less and legislate more." but late today, republican leaders put out word that the house will reconvene on sunday. yesterday, they challenged the senate to take the next step, by extending the bush-era tax cuts for all income groups. in a joint statement, they said, "the house will take... action on whatever the senate can pass, but the senate first must act. " president obama returned early from hawaii today, still pushing to extend tax cuts for the
PBS
Jan 2, 2013 10:00pm PST
putting on the backs of future generations. >> reporter: house speaker john boehner was among the 85 republicans who voted for the bill. but in a statement, he promised to focus on a future deal that does cut spending. he said, "the american people re-elected a republican majority in the house, and we will use it in 2013 to hold the president accountable for the balanced approach he promised." many of the other republicans who voted "yes" were committee chairmen, retiring lawmakers or members who lost their seats in the november elections. congressman dave camp of michigan chairs the ways and means committee. >> republicans and the american people are getting something really important-- permanent tax relief. as big as that is-- and it's only the first step when it comes to taxes, this legislation settles the level orevenue we should bring in. >> reporter: beyond the income tax provisions, the bill also reinstates clinton-era limits on exemptions and deductions for higher-income americans. and tax rates will rise from 35% to 40% for estates worth $5 million or more. congress also agr
PBS
Dec 28, 2012 10:00pm PST
very clear. >> brown: house speaker john boehner aides said if the senate passes a bill the house will take it up and either accept or amend it and a short time ago president obama appeared in the white house briefing room with a statement. here is some of what he said. >> we had a construcve mei today. senators reids and mcconnell are discussing a potential agreement where we can get a bipartisan bill out of the senate over to the house and done in a timely fashion so that we met the december 31st deadline. but given how things have been working in this town, we always have to wait and see until it actually happens. the one thing that the american people should not have to wait and see is some sort of action so if we don't see an agreement between the two leaders in the senate, i expect a bill to go on the floor. and i've asked senator reid to do this, put a bill on the floor that makes sure that taxes on middle-class families don't go up. that unemployment insurance is still available for 2 million people, and that lays the groundwork then for additional deficit reduction and economi
PBS
Jan 1, 2013 10:00pm PST
and the house should pass it without delay. the president and house speaker john boehner had once talked of a grand bargain with $4 trillion in deficit reduction. instead, the congressional budget office calculated today that extending the bush-era tax cuts for 99% of americans would add $4 trillion to the deficit over the next decade. the senate measure delays mandatory pentagon and domestic spending cuts by two months. as the house convened at midday, a number of republican congressmen complained the bill is still too heavy on tax hikes and too light on spending cuts. ohio's steve la tourette dismissed it as a "package put together by a bunch of sleep- deprived octogenarians on new year's eve." and the alabama representative said the house needs more time. >> the house must postpone this vote until congress and the american people have time to study and evaluate this extraordinarily complex legislation and its impact on taxes, revenue, the economy, our debt and a myriad of other issues. >> woodruff: but tennessee democrat steve cohen warned about the consequences of not taking t
PBS
Jan 2, 2013 4:30pm PST
suffering of these innocent victims, the house majority and their speaker john boehner. this is not a republican or a democratic issue, national disasters happen in red states and blue states. >> tom: boehner's aides said the speaker will make the sandy relief bill his first priority in the new congress, which will be sworn in tomorrow. >> susie: american consumers and business executives are now doing the math on how that fiscal deal will impact their finances. a crucial question is where will they spend, and where will they cut back. erika miller takes a closer look at how the deal will affect consumer and business spending this year. >> reporter: the fiscal cliff deal removes a major negative overhang for the u.s. economy. >> congress wasn't just voting on a fiscal package. they were voting on whether or not they wanted the economy to slip into contraction in the first half of 2013. >> reporter: but, it's not clear the economy is in any better shape, as a result of the deal. >> overall , it should be a little bit of a drag. when tax rates go up, there will be less money around to s
PBS
Dec 31, 2012 10:00pm PST
of that. can john boehner muster the votes on the house side to get this passed. republicans do not like this on the house side there are no spending cuts, so many of them say they will vote against it, maybe the question then becomes can john boehner muster 40 or 45 republican votes and then use the 185 or 190 votes that nancy pelosi would deliver, potentially for a deal like 24 with no speing cuts to pass it there, tomorrow or the next day. the house side is unclear at this point. >> woodruff: so todd, you're saying as we sit here this evening, we're hearing there may be a senate vote tonight, the house may vote tomorrow. but at this point, it still is not known the outlines of what a potential deal would look like. >> i think the outlines are known on the tax side. and it was described accurately in your piece there, judy, with the tax rates at 450 for families, dividends would go up, the estate tax part of it. whats important is the one year extension unemployment benefit there are 2 million people set to lose their benefits, so that is all in there. everybody must keep in mind
PBS
Jan 1, 2013 5:00pm PST
speaker john boehner said many republicans are unhappy and want to rework the bill. they're calling for more cuts to social security. that could set up a showdown with the senate and risk turmoil on financial markets. >>> iran's navy conducted a six-day drill near the strait of hormuz in the persian gulf. it's the country's latest show of strength amid sanctions and criticism by the u.s. and europe over its nuclear development. the iranian navy launched missiles called ghader on tuesday successfully destroying its targets at sea. military analysts say the weapon was recently developed to attack foreign warships deployed in the persian gulf. the navy has been holding the drill from the strait of hormuz to the northern part of the indian ocean. the area is the world's vital oil and gas shipping route. iran threatened to close the strait when it conducted a major drill a year ago. a navy spokesperson said the exercises meanto show tir he saithey have no intention of blocking the seaway. >>> people in iraq have spent the beginning of the new year mourning dead family and friends. a series o
Search Results 0 to 10 of about 11 (some duplicates have been removed)